Community-Based Organizations (CBOs) are nonprofit entities that serve specific communities or significant segments of those communities. These organizations are driven by local residents and operate at the grassroots level, focusing on addressing local needs such as education, healthcare, housing, and social justice[1][2][3]. CBOs are typically founded and led by community members, ensuring that their missions align closely with the unique issues and demographics of their area[3]. **History and Definition:** The concept of CBOs has evolved over time, with definitions being formalized in various contexts. For instance, the National Community-Based Organization Network (NCBON) defined CBOs in terms of their community-driven governance and operations[1]. Legally, CBOs are recognized as nonprofit organizations providing educational or related services to individuals in the community[5]. **Key Achievements and Current Status:** CBOs have achieved significant success in fostering community engagement, improving quality of life, and empowering residents through active civic participation. They often collaborate with other nonprofits, government entities, and private sectors to leverage resources and create sustainable change[3]. Currently, CBOs continue to play a vital role in addressing local challenges and promoting systemic change through advocacy and education[3]. **Notable Aspects:** - **Grassroots Approach:** CBOs are distinct from larger nonprofits due to their localized focus and grassroots approach to problem-solving[3]. - **Collaboration and Funding:** They receive funding from various sources, including donations and government grants, and engage in partnerships with local businesses to support their programs[3]. - **Sector-Based Partnerships:** CBOs participate in sector-based partnerships to address specific industry needs and develop talent pipelines[7]. Overall, CBOs are pivotal in enhancing community well-being and fostering local engagement, making them a crucial part of community development efforts.
#cbo #tax bill #congressional budget office #national debt #economy #medicare #tax cuts #wealth inequality #2018 midterm elections
Read the latest analysis from the Congressional Budget Office (CBO) on the impact of the tax bill signed into law in December 2017.